View Single Post
  #21  
Old 09-01-2006, 02:52 AM
grass_cuttin_fool's Avatar
grass_cuttin_fool grass_cuttin_fool is offline
LawnSite Gold Member
 
Join Date: May 2003
Location: Virginia
Posts: 3,505
!st thing is too not get in debt to far to quick and not buy more than you need. My accountant told me that a little debt is ok. Even if you have the money in the bank or invested. Too sum it up, intrest is a tax deduction,If you dont have many deductions for the buisness, then a loan is very good. Once Uncle sam gets your tax money its gone. With the loan you have something to deduct and maybe get back something from uncle sam.

wayne
__________________
To my dad, Thanx Pops you are my dad, my brother , and my best friend



Reply With Quote
 
Page generated in 0.03876 seconds with 7 queries